2 September 2025
ASEANA PROPERTIES LIMITED
("Aseana" or the "Company")
Extension of Commercial Paper and Medium Term Notes Repayment Date
Aseana (LSE: ASPL), a property developer in Malaysia listed on the main market of the London Stock Exchange, announces an extension to the repayment date for 3 tranches of the medium term notes with nominal value of 2.85 million Malaysian ringgit (eq. c.$0.6 million) (the "MTNs").
The extension to the repayment date for these tranches of the MTNs follows on from the previous 180 day extension secured for these 3 tranches of MTNs, as announced by the Company on 5 March 2025.
MTrustee Berhad ("MTrustee"), the trustee of the MTNs and Potensi Angkasa Sdn. Bhd. ("Potensi Angkasa"), a wholly owned subsidiary of the Company, have agreed for a time extension of 90 days for Potensi Angkasa to make full payment of the nominal value, together with any accrued unpaid coupon for the MTNs. As such, the existing maturity date of 2 September 2025 for the MTNs have been extended to 1 December 2025 and the coupon rate payable is to remain unchanged at 7%, calculated on the basis of the actual number of days elapsed on a 365-day basis, the same terms as previously agreed as part of the extension of the maturity date announced on 5 March 2025.
Enquiries:
Aseana Properties Limited |
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Leong Kheng Cheong Lim Tian Huat Thong Kok Cheong |
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Allenby Capital Limited (Financial Adviser) |
+44 (0) 20 3328 5656 |
Nick Naylor / Nick Athanas / Ashur Joseph |
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